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Market Impact: 0.12
Invesco S&P 500 Equal Weight Consumer Staples (RSPS) Shares Cross Below 200 DMA
Source: Nasdaq
Market Technicals & FlowsConsumer Demand & Retail
Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) fell below its 200-day moving average of $30.40, trading as low as $30.07 on Wednesday. The technical breakdown is a mildly bearish signal for the ETF, though the reported move is unlikely to have broad market implications.
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mildly negative
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